"As for the property investment division and the car park operation, we expect a better performance in the next financial year due to the commencement of the rental income and car park collections from the Imago Mall @ KK Times Square in the 4th quarter of FY 2015. However, the contribution from these divisions to the Group’s performance will not be material for the year ending 31 March 2015."
The company's equity at quarter end 12/14 was 392.4 million. The company's equity at quarter end 03/15 was 789.4 million.
At quarter end 09/14 the Book Value/Share was: 0.395 (equity/shares outstanding) One week after results were announced at quarter end 12/14 the price per share was: 0.23
At quarter end 03/15 the Book Value/Share was: 0.8 Today, the price per share is: 0.24
When a company doubles it's equity and the price still goes down...I like to go shopping...
remember what I said.
"The stock market is filled with individuals who know the price of everything, but the value of nothing."
No need to calculate lah bro..malaysia market is casino..just used keyword.."PAC"..So..all auntie aso will go buy ASIA PAC..newspaper said PM..PMCORP....all goreng
1- The DXY rally has peaked. 2- Whatever capital that flew out of emerging markets will go back. 3- Commodities are in deflation. Central banks hate deflation....
and For the ultra wise....I say
*QE4 (or whatever they end up naming it) is upon us*
1- Over the last few quarters, the dollar has been gaining against all other major currencies.
2- A lot of capital fled these so called "emerging markets" in favour of holding dollar denominated assets. It was a great ride and some - me included - made substantial FX gains.
3- That ride is about to come to a stop either through:
A- The Fed raising rates (look up charts on DXY and Fed initial rate increases), B- The Fed not raising rates (investors will get tired of waiting and call the Fed's bluff), C- Or the Fed engaging in Quantitative Easing round #4 (China just devalued it's Yuan and flipped the middle finger to the IMF)
4- Once that occurs, There will be capital flight from USD to other currencies, such as MYR.
5- Once step number 4 happens, the smart money will come looking for undervalued assets.
6- You're are looking at one of the most undervalued, non-debt laden, asset heavy, growing company.
Tomorrow GDP Growth will be announced. 4.5 maybe (I don't have a crystal ball)
If so, we might be in for a slight lift in sentiment tomorrow. Although I think it would be short lived. as it would be out phased by foreign sell-offs.
@Spiderman
Sept 13-15 is just before the Federal reserve meeting. This is my personal opinion but I don't think holding dollars would be wise after that.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
N00b
380 posts
Posted by N00b > 2015-08-05 11:38 | Report Abuse
^^^ Source?